Option Block 906: Revenge of the Clam Privateers

OPTION BLOCK 906: Revenge of the Clam Privateers

HOST:  MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: ANDREW GIOVINAZZI, THE OPTION PIT CO-HOST:  MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

VELOCITY OF THE RALLY: FROM OPALESQUE: THE S&P 500 HAS NOW RALLIED +41% IN TEN WEEKS. VIX: 25.25 - DOWN 3.5 FROM LAST SHOW VVIX: 108.6 - UP 1.6 FROM LAST SHOW VXX: 30.5 - DOWN 3 FROM LAST SHOW OCC ANNOUNCED TODAY THAT MAY 2020 TOTAL CLEARED CONTRACT VOLUME WAS 545,272,318 CONTRACTS, UP 17.3 PERCENT FROM MAY  2019. 

ODD BLOCK

LONG TERM AAL CALLS LONG TERM MGM CALLS

MAIL BLOCK

QUESTION REGARDING USO AND A LONG CALL POSITION

AROUND THE BLOCK

WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK